Finansbank A.Ş was found on October 26, 1987 under Hüsnü Özyeğin's leadership with a paid-in capital of USD 4 million. With its founder and the leading team it was differentiated from other banks established at the same time in terms of both its main philosophy and its view of banking, and has become a success story brought to life by professional bankers where smart banking is performed.
Finansbank A.Ş is the first private bank that went public. With its shares beginning to be traded on February 3, 1990, it has become a model in the sector.
Right after opening four domestic branches Finansbank A.Ş took over Privatbank Geneve S.A. (PBG) operating in Switzerland and changed its name to FB Suisse S.A. In 1991 it participated with Emlak Bankası, Vakıfbank and Banque Worms in the establishment of Banque du Bosphore in France. Finansbank Holland started its operations in 1994, Finansbank Russia in 1997, and Finansbank Romania was opened in 2000.
Developments during and following the 1994 economic crisis constitute major events in the history of Finansbank A.Ş that has closely monitored market developments since its inception. As a result of its meticulous scrutiny, Finansbank A.Ş updated its business plans, resolved to enter retail banking and started to put into practice its breakthrough decision.
Galaxy Card, offered in 1999 as the first installment credit card, carried out in 2001 the "skip an installment" and "miles through points" campaigns, thus contributing a vital know-how to the sector. Its name later changed to CardFinans, and it became, in a short period of four years,the brand with the most visa card holders.
Finansbank A.Ş ranked fifth among private banks in terms of asset size in 2004, due to its superb understanding of service and its innovative and proactive approach. This accomplishment was achieved in a very short time by banking sector standards.
In the same year Finansbank A.Ş secured a subordinated loan of USD 200M, which is an indication of trust in Finansbank A.Ş by foreign markets.
In 2005 Finansbank A.Ş signed a 7-year, uninsured securitization loan in the amount of USD 500M, the highest of its kind in Turkey, thus increasing its prestige in the international arena.
As the biggest Turkish bank abroad in terms of investments and branch network, Finansbank A.Ş was acquired by National Bank of Greece (NBG), the biggest bank in Greece, in August 2006. As a result of this merger NBG's leadership position in Southeastern Europe was combined with Finansbank A.Ş 's high potential for growth in Turkey.
Finansbank A.Ş speeded up the network process in 2006 and 2007, significant of the importance of Retail Banking, and as a result of 203 new branches opened in this period of two years, was recognized as the fastest growing bank in terms of branch network. In 2009, Finansbank A.Ş offered CardFinans Nakit, "the first debit card worldwide that offers installments". In the next year Finansbank A.Ş was awarded the prestigious Cards and Payments Europe, in the category "Best Debit Card Launch", the only Turkish bank thus awarded.
Finansbank A.Ş continued pioneering in retail banking as well. Enpara.com, the first bank with no branches in Turkey that offers services exclusively on digital channels, was established in October 2012. Thousands of customers got to know cost-free digital banking by Enpara.com. With its first and foremost priority on customer satisfaction, Enpara.com grows on a daily basis, mainly through user recommendations via word of mouth.
In 2015 Finansbank A.Ş established Small Hands Big Dreams ("Minik Eller Büyük Hayaller "), a social contribution and development platform with the aim of transferring to children, creative leaders of tomorrow, its characteristics of innovation, creativity, analytical thinking and trustworthiness.
Combining "dealing with people not numbers" approach with the support of voluntary Finans-ers ("Finansçı") all over the country, Finansbank A.Ş undersigned many projects within the platform.
Finansbank A.Ş is acquired by Qatar National Bank S.A.Q (QNB Group), the biggest bank in Qatar and a leading financial institution in the Middle East and Africa region. The Group's presence extends to 30 countries across 3 continents through its subsidiaries and associate companies, providing a comprehensive range of advanced products and services. The total number of employees is 28,000 operating through more than 1,200 branches. Bloomberg Markets, the leading provider of Business, Financial and Economic news ranked QNB as "One of the World's Strongest Banks" since 2013. The Global Finance Magazine ranked QNB as "One of The Top 50 Safest Banks in the World" in 2013. For two consecutive years, 2014 and 2015, the Bank was recognized as "The Best Bank in The Middle East" by Euromoney Magazine.
The Bank's name has been changed to QNB Finansbank in October 2016,
QNB Finansbank Financial Services Group includes QNB Finansleasing, QNB Finansportfoy, QNB Finansinvest, QNB Finansfaktoring, Cigna Finans Retirement and Life Inc., the technology firm IBTech, eFinans and Hemenal Finansman Inc.with its employees sharing creativity, leadership, respect and loyalty, all values of "US", QNB Finansbank continues to offer creative, swift and simple solutions to the financial needs of its customers.
QNB Finansbank in Numbers
Net Profit was TRY 766 million for the first quarter of 2020.
Performing loans rose to TRY 120 billion 897 million, total assets to TRY 205 billion 735 million and customer deposit to TRY 116 billion 377 million. Total equities are TRY 16 billion 28 million.
As of 2020 March 31, total number of branches are 518 and the total number of employees are 11,943.